The initial contributions include King Mohammed VI's personal pledge of one billion Moroccan dirhams and another billion dirhams donated by the country's central bank, Bank Al-Maghrib.
Morocco's private sector confederation also announced it would coordinate contributions from its thousands of members across the country. The International Monetary Fund has approved a $1.3 billion loan to Morocco to strengthen the country's climate resilience efforts, which could also support the recovery from the earthquake's impact, local media reports say.
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